TradeRocket and The Interface Financial Group (IFG) announced today a partnership to provide a digital supply chain finance solution for the global mid-market.
Non-investment grade, mid-market companies remain a significant driver of the global economy, but many remain without access to critical working capital funding for their suppliers. IFG and TradeRocket will work together to provide mid-market buyers and sellers access to an innovative supply chain finance marketplace which will allow buyers the opportunity to earn rebates while offering early payment options to their suppliers.
"We are excited to enter into the partnership with TradeRocket, and looking forward to bringing our proprietary digital supply chain finance solution to the TradeRocket's global mid-market buyers and suppliers," says George Shapiro, CEO of The Interface Financial Group.
TradeRocket's and IFG's Digital Supply Chain Finance program allows:
- Fast and easy integration to a Buyers accounting or ERP platform
- Attractive rebates to Buyers
- Full function SIM (supplier information management)
- Fully automated Suppliers' sign-up process
- Digital early payment options for Suppliers
- Increased transparency and improved communication between Buyers and Suppliers.
"Partnering with TradeRocket allows Funders to access markets where their capital is in greatest demand," says Jim Eckstein, CEO, TradeRocket. Eckstein went on to say, "Funders continue to tell us that we have the most intuitive and flexible platform for creating these dynamic marketplaces for working capital funding deployment, and our partnership with a global market leader like IFG is further evidence that their belief in our capabilities is well founded."
The Interface Financial Group (IFG) is one of North America's largest alternative funding source for SME's, providing all types of digital invoice finance and digital supply chain finance through its marketplace platform. The company serves clients in more than 30 industries in the United States, Canada, Singapore, Australia, New Zealand, UK, Ireland, Mexico and South Africa and offers cross-border transaction facilities. With more than 150 offices and over 45 years of experience, IFG provides innovative funding services and solutions. https://www.interfacefinancial.com/.
For more information, contact Glenn Noble, Chief Commercial Officer, at +1 (301) 298-5230 ext.105 or 173620@email4pr.com.
TradeRocket is a B2B marketplace that fundamentally changes the way businesses in the global mid-market fund their working capital needs. The TradeRocket platform offers Buyers and Sellers of goods and services maximum increased flexibility in working capital and treasury management. With TradeRocket Buyers pay when they want, Sellers get paid when they want, and Funders efficiently deploy capital at attractive rates. https://www.traderocket.net/
